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Forums Human Capital Management Lawson S3 HR/Payroll/Benefits

Amortizing pay outs through payroll

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Kartik
Posts: 5
2/11/2010 11:39 PM
    One of my clients have the following requirements - they may agree to pay some their employee certain amount (it is a negotiated amount which varies with each employee), say $3000 as education allowance. They pay this out through payroll. These pay outs may happen periodically (not necessarily every payroll) and the amounts paid out each time need not be the same. Client wants a way of setting up these amounts and keeping track of the pay out and balance.

    A similar functionality is available for deduction balance type and amount in PR14. But not so for pay codes. Any suggestions on work arounds or minimizing the complexity of the customizaiton would be appreciated
    Lee
    Posts: 37
    2/17/2010 1:11 PM
      Thoughts/consideration: First of all - review the impact of the 'allowance' - is it a taxable setting to the individual - and if it is - how are you treating the taxation of the issue? Secondly - just a thought - treat it as an AP issue - 'scholarship' style action with the payable established in AP - then a 'hand written' check via PR80 that would allow you to record the taxes - if any. Just thoughts and my $.02 worth.